Pvr InoxStock has consolidated big in past months
Now ready for new range
Once cross 1560
Massive surges
Long 1600+
Option 1600 ce September
PVRINOX trade ideas
PVR INOX - 20 EMA crossing 200 EMA from below: BullishAfter a very long consolidation, PVRINOX is showing a trend reversal signal as you can see 20 EMA is crossing its 200 EMA from below. So far volumes are low and it may face resistance near 1560-1565 zone. Keep in watch. Support will be 200 EMA price 1466
Probable Bullish Reversal in PVRINOXPVR has been falling one way from last 10 sessions. This is over-stretched and bound to reverse at least some percentage. Probable targets in reversal - 1350 and 1400.
Stock has also shown Bullish RSI divergence on daily chart and it has previous swing support of 1250.
CMP - 1305
Pvr inox ltd. ......one more low?? #stree 2NSE:PVRINOX
After a very wonderful move and collection( movie _Stree 2)
We can see a fall which could be final move of correction (since
February 22)
Crossing above previous high 1563 this view will be invalid.
A sharp decline lead price to 1360 to 1300 level.
In decline scenario This could be wave 2nd then we will head towards
All time high.
I am very new in market plz do not make position. I have only 6 months EW
Knowledge so if someone have more view plz comment 🙂
PVR - Positional Long SetupCMP 1349.30
The stock is showing reversal signs in the last few sessions. The logics are indicated on the charts.
MACD is also showing reversal signs even on weekly charts.
Above all, the risk-reward is pretty good at this point.
If gains momentum over 1350, targets may be 1460/1550/1640.
If sustains below 1300, that will show weakness on the charts. One has to plan an exit according to risk management.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Flat Pattern detailing I have made efforts in Explaining How the Flat patterns can form
Flat Patterns are referred as time consuming patterns they remain range bond and
complete the process of accumulation & Distribution before heading for New High or Low as per
Preceding direction of trend
In this post you can view i have posted for Expanding running flat
it means it expands in the direction of the preceding trend making new high and then
fell short in the relation to secondary reaction or correction of wave A price length
if you have any Questions kindly comment below or DM i will try to address them
Thanks
PVR INOX A PICTURE PERFECT BAT PATTERN UNDER FORMATION ON WEEKLYPVR INOX is forming BAT pattern on weekly chart
its double bottom
Price taking Support at 20 Week SMA i.e. 1394 so can be a good Risk reward to buy on dips and dips only as per one's own risk rewards
Lets see how it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
PVR INOX LTD BULLISHPVR INOX is near major support
May be take support from hear
Because morning star came after deep correction
So chances of stock going up here is very
My first target@2000
Second target@2700
Stop loss@1220
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
PVR INOX Ltd. engages in the business of theatrical exhibition and allied activities. It has 689 screens across 115 cities in India and Sri Lanka with 361 properties. It is headquartered in Haryana, India.
PVR-inox long-term viewTechnical view -
a bullish divergence at support level
A solid breakout around 1570 is needed to reach pre-COVID levels. If pre-covid level( around 2080) is maintained, it will enter the previously established uptrend channel.
Risk-Reward Ratio - 1:3.5
this analysis is for reference purpose do your own due-diligence before taking positions.
PVR INOX - Rising from the sleep!PVR has been running sideways for months after declining for a long time.
PVR is making a W pattern during its sideways run and accumulation phase.
Now, PVR is showing good bump in price along with rise in volumes. This sounds like a promising situation.
First target is 1450 which is also a point that will give a breakout from it's consolidation zone.
CMP: 1397
Breakout Point: 1450
SL:1350, revise it to 1445 when price crosses 1500.
Target: 1590 and beyond.
Stock can be bought at its breakout level. But investor has patience for medium term then even CMP seems good to buy on, as the volumes are strong and are reflecting high probability for breakage of breakout level.
Remember: SLs are essentials.
Disclaimer: I'm not a registered analyst. I'm just sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
PVR INOXDate 22.07.2024
Pvr Inox
Time frame : Day chart
Remarks : A long descending triangle pattern has multiple tested support base therefore as mentioned if it breaks the base this time below 200 ema then no catching of falling knife. Let the price resume base or above the base in that case 200 ema will also get smooth a little.
On the entry front, i have marked three breakout points & same will also act as resistance therefore each breakout will have entry opportunity.
Amis IPL season & T20 wrold cup no major releases were there except Kalki (pan india release), therefore previous quarter result might be little under pressure. Lets see...
Regards,
Ankur Singh
Investment Series #1: Healthy Rally in PVR INOX?We discussed the difficulties in identifying the low of wave 2 in my previous analysis of Bandhan Bank. However, if we are able to pinpoint that turning point, it presents a favorable risk-to-reward ratio.
PVR Inox has been in a consolidation phase or moving sideways for the past four years. Following the low of the COVID crash, it tested the previous swing high. According to Elliot waves, this could potentially mark the end of wave 1, which expanded in the form of a leading diagonal (common in wave 1). Subsequently, wave 2 followed. Typically, wave 2 represents a significant correction. It appears that it corrected to around 61.8%, which is where we can anticipate wave 2 concluding. Additionally, it exhibited a Zig zag correction, which is common characteristic of wave 2.
If our analysis proves accurate, we can anticipate the price rallying to levels around 2200 as part of the minor 3rd wave.
How should we approach trading this? We can consider entering with 20% of our positions at this level as an initial test. Then Let's wait for stock to close around 1430 - 1440 by the June month end. If it does, we can plan to add another 30%. If the stock continues to move in our favor and demonstrates the characteristics of wave 3, we can plan to add another 50% when the stock pulls back to the 23-38% retracement levels. I will keep you informed of any future developments
Entry, stop loss, target & wave counts are indicated on the chart
Disclaimer: Please note that the information presented in this analysis is intended for educational purposes only. It is highly recommended to seek advice from a financial advisor before making any investment decisions. I cannot be held accountable for any financial losses that may arise
PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700
1. RSI on monthly chart near 40 support
2. Price formed double bottom last week on weekly chart
3. Harmonic Bullish BAT pattern completed and next patter under formation
4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase
Good Risk reward as pattern / trade fails below 1230 which will act as exit zone
lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
